Possibly views can change based on if one is holding or not holding. I am only sharing my thoughts for stakeholders who still has any doubts and not for those who may already have firm belief that ARR is not a good investment at the least for the moment.
I am wondering how many companies were lucky to get such offers for LT loan. Of course every loan comes with conditions, the issuance of such a letter I suspect would have gone through a rigorous process which ARR passed. Take the case of any loan offer for that matter, say home loan, you make an application, it gets evaluated and you receive a letter of approval, then you go and present your house and final approval follows.
In this case 1) there is a multi generational resource already, 2) there is more than one researched process to extract these metals, 3) there is someone ready to finance the project - 456M is based on the initially published estimate, I believe it could increase because it is a promotion 4) Good management ready to develop the project 5) good location .....6) good demand for the metals for a foreseeable future 7) .... I wouldn't want to keep stating more and more as this is a unique opportunity it could go like 25 items.
Economy of this project compares or betters current subsidised Chinese prices - some 35$ as per initial report. I am wondering why we get such unsupported statements here some days. If certain people here are truly that knowledgeable like a mistic etc, the projects should consider consulting them. Just my thought, GLTAH
- Forums
- ASX - By Stock
- Spotlight on American Rare Earths
Possibly views can change based on if one is holding or not...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARR (ASX) to my watchlist
(20min delay)
|
|||||
Last
29.5¢ |
Change
0.003(0.85%) |
Mkt cap ! $145.8M |
Open | High | Low | Value | Volume |
29.0¢ | 32.0¢ | 29.0¢ | $449.7K | 1.467M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 78978 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 78978 | 0.290 |
3 | 53530 | 0.285 |
5 | 214785 | 0.280 |
3 | 82000 | 0.275 |
6 | 93259 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 150000 | 1 |
0.305 | 2500 | 1 |
0.310 | 128359 | 5 |
0.315 | 208275 | 5 |
0.320 | 326663 | 11 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
ARR (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online